The M&T Bank Corporation has agreed to buy Hudson City Bancorp for $3.7 billion in cash and stock, expanding M&T's reach on the East Coast.

Sections:  business   
RELATED ARTICLES
  • Bill Gates repeats at top of Forbes' list of billionaires
    World's richest man got richer with $79. billion in 2015. More
  • US medicine spending shows rare dip
    Total U.S. spending on prescription medicines declined last year, a first in more than half a century. The dip was 1 percent, to $325.8 billion — a 3.5 percent drop after accounting for population growth and economic expansion, according to the IMS Institute for Healthcare Informatics. More
  • Microsoft may buy Barnes & Noble's Nook unit for $1 billion
    According to internal documents obtained by the website TechCrunch, Microsoft has offered $1 billion for the digital assets of Nook Media, Barnes & Noble's digital book venture. According to internal documents obtained by the website TechCrunch, Microsoft has offered $1 billion for the digital assets of Nook Media, Barnes & Noble's digital book venture. More
  • US casino revenue up nearly 5 percent in 2012
    Things are looking up for most of the nation’s commercial casinos, as gambling revenue increased by nearly 5 percent last year and jobs held roughly steady. According to the annual survey of casinos by the American Gaming Association, America’s nontribal casinos took in $37.3 billion from gamblers last year, an increase of 4.8 percent over 2011. More
  • YouTube Claims Victory Over TV - Battle Won With One Billion Visitors Per Month
    With more than one billion unique visitors every month, YouTube asserted last night that the battle between television and the online video giant is over. YouTube claimed victory with six billion views per month. According to the Wall Street Journal, which cited Mark Mahaney's estimates, a stock analyst at RBC Capital Markets,  that YouTube generated about $4 billion in revenue in 2012, up from $2.5 billion in 2011. More
BING NEWS:
  • New York Community Bancorp reports a quarterly loss, predicts profit by 2026
    The Hicksville-based lender had received a $1.1 billion cash infusion that stopped a takeover by federal regulators.
    05/1/2024 - 8:46 am | View Link
  • Why New York Community Bancorp Stock Is Surging Higher Today
    Troubled New York Community Bancorp (NYSE: NYCB) lost more than analysts expected in the first quarter, but after its earnings report Wednesday morning, investors were more focused on management's ...
    05/1/2024 - 4:43 am | View Link
  • Buy Rating Affirmed for Customers Bancorp on Solid Performance and Promising Long-Term Outlook
    Michael Diana has given his Buy rating due to a combination of factors that indicate a promising future for Customers Bancorp. The bank’s recent quarterly earnings surpassed both consensus and prior ...
    04/29/2024 - 6:36 pm | View Link
  • Hope Bancorp to buy Hawaii bank in $79 million deal
    The Los Angeles-based company, which focuses on Korean Americans, said the acquisition of Territorial Bancorp will allow it to expand its customer base.
    04/29/2024 - 11:53 am | View Link
  • U.S. Bancorp to close offices in St. Paul's U.S. Bank Center
    U.S. Bancorp is shedding 118,000 square feet of office space at St. Paul's U.S. Bank Center at 101 E. Fifth St. as the super-regional bank continues to reorganize its Twin Cities real estate footprint ...
    04/29/2024 - 6:58 am | View Link
  • More

 

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News